Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5. If sales tax is 6 % , how much sales tax must you pay on an oven that costs $362.00? 6. Unlike Texas, which

image text in transcribed
image text in transcribed
5. If sales tax is 6 % , how much sales tax must you pay on an oven that costs $362.00? 6. Unlike Texas, which charges 8.5% for sales tax, Minnesota doesn't charge sales tax on clothing. You are going on a trip to Minneapolis next week and are considering buying some new clothes. However, if you do it will cost you an extra $25 to check another suitcase on the plane. You have a $300 budget for new clothes. Should you buy them in Texas or Minnesota? Use the smart decision model we learned in class. Justify your answer mathematically and include an emotional evaluation. 7. You are considering switching your internet and cable providers. InDirecTV is advertising a promotion right now with an introductory rate of $30 a month for a two- year contract. The introductory rate goes away after 6 months and your rate will raise to $75 a month after that. In addition, if you switch now, you will be entered into a drawing to be an extra in their next hilarious commercial. Right now, you pay $50 a month with your current provider and there's no contract. Should you switch? Use the smart decision model we learned in class. Justify your answer mathematically and include an emotional evaluation. If sales tax is 6%, how much sales tax must you pay on an oven that costs $362.00? 5. 6. Unlike Texas, which charges 8.5% for sales tax, Minnesota doesn't charge sales tax on clothing.You are going on a trip to Minneapolis next week and are considering buying some new clothes. However, if you do it will cost you an extra $25 to check another suitcase on the plane. You have a $300 budget for new clothes. Should you buy them in Texas or Minnesota? Use the smart decision model we learned in class. Justify your answer mathematically and include an emotional evaluation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Developments In Entrepreneurial Finance And Technology

Authors: David B. Audretsch, Maksim Belitski, Nada Rejeb, Rosa Caiazza

1st Edition

1800884338,1800884346

More Books

Students also viewed these Finance questions

Question

Avoid legal disputes with suppliers?

Answered: 1 week ago

Question

What is focal length? Explain with a diagram and give an example.

Answered: 1 week ago

Question

What is physics and how does it apply in daily life?

Answered: 1 week ago